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big companies and lo and behold the consumer didn't get up getting there so they lost their job they lost their houses and mortgages and they're still in trouble you're mistaken in saying that the federal reserve has spent any money. you say five trillion we have lent money we have purchased securities that's not buying this not dissipating you know that money that we've gotten all the money. chairman bernanke went on to say you know that the fed is in fact you know a money maker for the u.s. government and we've got you here you work for goldline obviously you've got a vested interest scott but kind of talk about this as it relates to what we're seeing you know previously with the bailout and you know the direction that this country's going right it's a good point let's go to side i think both of the individuals bernanke and ron paul were correct ron paul is right that the average american has not seen the benefit of the stimulus money that has been put to good use and we're seeing that in unemployment rates we're seeing that in the last luster g.d.p. growth and it's impacting middl
big companies and lo and behold the consumer didn't get up getting there so they lost their job they lost their houses and mortgages and they're still in trouble you're mistaken in saying that the federal reserve has spent any money. you say five trillion we have lent money we have purchased securities that's not buying this not dissipating you know that money that we've gotten all the money. chairman bernanke went on to say you know that the fed is in fact you know a money maker for the u.s....
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big companies and lo and behold the consumer in the end up getting this they lost their job they lost their houses and they're still in trouble you're mistaken in saying that for the reserve to spend any money. you say five trillion we have lent money we have purchased securities that's not buying dissipating you know the money that we've gotten all the money back we're making then went on to say that the fed has in fact been a profit center a money maker for the u.s. government and your thoughts on this notion is the fed actually you know a profit center. but actually the number is probably closer to twenty nine trillion dollars if we count the total lending guaranteeing and buying of talks of waste assets undertaken by the fed and treasury twenty nine trillion dollars. i think bernanke is saying that a little bit fast and loose the fed still has a lot of toxic waste on its balance sheet probably it is valuing that it's something that will never be realized so i think that probably is going to take a loss on some of the ways that approach to this possibly on some of the loans that it
big companies and lo and behold the consumer in the end up getting this they lost their job they lost their houses and they're still in trouble you're mistaken in saying that for the reserve to spend any money. you say five trillion we have lent money we have purchased securities that's not buying dissipating you know the money that we've gotten all the money back we're making then went on to say that the fed has in fact been a profit center a money maker for the u.s. government and your...
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obama promised to reach out to the muslim world well a new poll shows that his efforts have failed big time for him to dive into that topic with the tenet colonel anthony shaffer in the senate. you know sometimes you see a story and it seems so easy to understand it and then you glimpse something else and here's you some other part of it and realized everything is ok and you don't know i'm sorry because the big picture. and yet though. fuck fuck fuck. fuck. let's get it we are going to. lead i think. either one of the twelve. or not the governor says they're safe to graduate because their freedom. well the man who used to be the king of sharing the news has now found himself on the front pages rupert murdoch became the focus of international media after reports started gushing out about his newspaper's illegal wiretapping practices in the u.k. he's the world news international they were caught hacking cell phones bank accounts even health records of individuals whose names were in the headlines and i goes from murder victims to the bomb families to the families of fallen soldiers and e
obama promised to reach out to the muslim world well a new poll shows that his efforts have failed big time for him to dive into that topic with the tenet colonel anthony shaffer in the senate. you know sometimes you see a story and it seems so easy to understand it and then you glimpse something else and here's you some other part of it and realized everything is ok and you don't know i'm sorry because the big picture. and yet though. fuck fuck fuck. fuck. let's get it we are going to. lead i...
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there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways to tax excessive leverage, including thin capitalization tax. the imf made a good report to the g-20 on these issues. >> thank you very much. >> you said that a lower corporate tax rate would remove pressure on the debt over equity. can you explain how that would address the debt equity bias that we have heard about? >> the most simple version of this is the entity level taxation is part of the problem. reducing that rate ends up taking away that distortion to some agree. but a kind of goes further. one of the problems is not just that in the aggregate for nonfi
there is a big buy as towards debt, including the financial sector. it makes no sense to have tax code point in the opposite direction. i worked a great deal with regulators, and i am supportive of what they're trying to do, but it is not enough. there are constrained by the international regulation, including bottle 3. -- including basil 3. why should we regard that as the last word on appropriate constraints on the extent of excess of leverage? i agree with mr. fleischer, there are many ways...
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. >>> caltrans crews working to fix a big sinkhole on highwayy in san jose. it's on the south side of the freeway. the southbound sides of the freeway near west virginia street. it's a 30-foot gap under the median. the highway patrol closed one lane of the highway next to the median, and the alma avenue onramp. caltrans is estimating the repairs will take all day. agency officials say the sinkhole was probably caused by traffic vibrations and large trucks carrying heavy loads. >>> the bitter back and forth continued today between democrats and republicans over the debt limit. sniped at each other this morning, congressional leaders scheduled to meet with the white house once again today to try to work out a deal. president obama has said he wants an agreement at the end of the week declaring enough is enough. in the meantime, federal reserve chairman ben bernanke warned congress again today that a default on the nation's debt would be calamitous. >>> a scare late this morning in the south bay because of this accident and something the vehicle hit. the last we
. >>> caltrans crews working to fix a big sinkhole on highwayy in san jose. it's on the south side of the freeway. the southbound sides of the freeway near west virginia street. it's a 30-foot gap under the median. the highway patrol closed one lane of the highway next to the median, and the alma avenue onramp. caltrans is estimating the repairs will take all day. agency officials say the sinkhole was probably caused by traffic vibrations and large trucks carrying heavy loads....
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a second day of big buying, up almost 13% today. look at this shoot up here. chesapeake energy is taking a stake in the firm. and that's tonight's "market focus." >> susie: if you plan on loading up the car for a summer vacation, you may want to budget more for gas. prices have been rising despite the decision by the u.s. and other countries to release oil from emergency reserves. the international energy agency, which is coordinating that effort, says more oil supplies are now available on world markets. but for consumers, gasoline has become more expensive. erika miller looks at where prices are likely to head from here. >> reporter: aaron ernst is the envy of drivers everywhere because it costs just pocket change to fill his tank. >> this takes one gallon, so i usually put one gallon in it-- and that's like $5. so when gas prices go up? $6. >> reporter: but plenty of others are feeling the pinch of higher fuel costs. not only does sal maurano drive a less fuel-efficient vehicle, he also travels 300 miles a week for his commute. >> you got to bite the bullet
a second day of big buying, up almost 13% today. look at this shoot up here. chesapeake energy is taking a stake in the firm. and that's tonight's "market focus." >> susie: if you plan on loading up the car for a summer vacation, you may want to budget more for gas. prices have been rising despite the decision by the u.s. and other countries to release oil from emergency reserves. the international energy agency, which is coordinating that effort, says more oil supplies are now...
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big business leads, small business follows, and the government assists. the president's goal to double exports is a rallying cry. this unifies people, and you know what? i know we can succeed. next we need to build a coalition around important industries like energy. we're the only country in the world that lacks any kind of broad energy theme. every other country in the world is creating jobs around clean energy investment from germany to china. the edison electric institute, the trade association of the industry, says there's millions of jobs available with some policy clarity around grid development or energy standards. all of these, all of these can be privately financed. similarly, the u.s. has a chance to be the natural gas leader for the next century, yet we have no plan to drive this leadership. and instead of leadership, each group is battling for turf, or worse, trying to block new investment. business has got to speak with a louder and consistent voice about the need for common sense ideas that support growth and competitiveness. fourth, leader
big business leads, small business follows, and the government assists. the president's goal to double exports is a rallying cry. this unifies people, and you know what? i know we can succeed. next we need to build a coalition around important industries like energy. we're the only country in the world that lacks any kind of broad energy theme. every other country in the world is creating jobs around clean energy investment from germany to china. the edison electric institute, the trade...
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that gave stocks a big boost. the dow gained almost 45 points while the nasdaq was up 15. >>> numbers released overnight show foreclosures fell nearly 30% in the first half of the year but that's not because of any actual improvement in the housing market. analysts say paperwork and procedural delays are pushing the process further and further back, an estimated 1 million foreclosures that should have taken place this year will now happen in 2012 or later. >>> chrysler is recalling its best selling vehicle, more than 240,000 ram pickup trucks from 2008 through 2011 are being recalled because of a steering problem, a part near the left wheel can fracture and cause loss of steering, a few minor crashes have been reported. chrysler will fix the problem free of charge. >>> and a solution may be brewing to the minnesota government shutdown. it's all about the beer, made by the miller coors brewing company. it may have be taken off store shelves because the company's sales licenses have expired and there are no state wo
that gave stocks a big boost. the dow gained almost 45 points while the nasdaq was up 15. >>> numbers released overnight show foreclosures fell nearly 30% in the first half of the year but that's not because of any actual improvement in the housing market. analysts say paperwork and procedural delays are pushing the process further and further back, an estimated 1 million foreclosures that should have taken place this year will now happen in 2012 or later. >>> chrysler is...
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is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte. but the decree for a large austerity plan was already passed. and it was because of this fight that the markets feared that maybe this decree was not going to be approved by parliament. today the situation has been clarified. by friday this package will be passed and, you know, italy is going to go on by adopting this plan and by 2014 it will have a balanced budget which is going to be quite an enviable situation if all of this will go according to plan. >> suarez: professor rogoff, the news of the austerity plan seemed to have calmed really jittery m
is italy too big to fail? >> well, certainly it is. i mean, if you have to think about a rescue package for italy no one today has the money to put it up. i mean, let's face it, as you said before, italy is six times the size of greece. so i think that everybody should be quite calm. today the markets were doing much better. it's true, as ken was saying before, part of the confusion arose because of a fight over an internal political fight between berlusconi and finance minister tremonte....
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i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people, is dealing with the governments, dealing with the communities, dealing with the all the institutions, all the interests. so it's dealing with people is, like, the hard work. >> ( translated ): can't you see the government is lying to us? we'll be evicted like dogs one day. >> ( translated ): if you're wise, you should find somewhere to move to now. don't count on being given a house and don't think you'll come back here. when you leave, you are gone for good. >> ( translated ): how much did you say it was? >> ( translated ): that is 5,500. >> ( translated ): and electricity? >> ( translated ): 1,000
i mean, you need to go there with a big project, working together with the community, to have a big impact. now, the challenge is a lot of people need to be relocated. and the strategy to move people and to bring them back is still not clear. so i prefer not to-- you know, i can give you my opinion, but maybe it's better if i don't. you know, it's like this, when you work with people, it's not easy, never easy. you know, the infrastructure is the soft work. the hard work is dealing with people,...
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the italians are known for being big savers. privatizations of state entities such as, for instance, the post office and the train network. pauline, we're talking about cuts here. the total package was supposed to be 52 billion just a couple of days ago. now it has risen to in excess of 79 billion euros. we'll see what happens later on today in parliament. pauline? >> yes. i've already read, nina, politicians may take a pay cut by as much as 50%. 10 we'll see what happens. this is certainly a critical time for a country with sluggish growth but high debt. >>> coming up next on "world business today," first he lost a up in and then his bid for bskyb turned to custard, turned sour. now to top it all off, rupert murdoch is under scrutiny in the u.s. we'll bring you more details on that in just a moment. active naturals wheat formulas target and help repair damage in just 3 washes. for softer, stronger... ... hair with life. [ female announcer ] nourish plus. only from aveeno. >>> from cnn hong kong and rome, this is "world business
the italians are known for being big savers. privatizations of state entities such as, for instance, the post office and the train network. pauline, we're talking about cuts here. the total package was supposed to be 52 billion just a couple of days ago. now it has risen to in excess of 79 billion euros. we'll see what happens later on today in parliament. pauline? >> yes. i've already read, nina, politicians may take a pay cut by as much as 50%. 10 we'll see what happens. this is...
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big phone says it's taken steps but admits it's still a big problem. >>> for money news, let's go to joya dosh. i'm expecting a rough morning for stocks. how's it looking? >> it's actually looking pretty good. the futures are pointing to a higher open, which is a bit of a fresh start from earlier in the week. >> i want to ask people, don't think about ge so much, think about a small business person who really create a lot of jobs in this country. they're petrified right now. >> who are they scared of? >> look, what happens if the government doesn't roll over its debt? why would you invest into that? and if the budget deficit means super high tax rates for them, again, that to me is the piece that is missing. there has been bad new business generation, small businesses have gotten hurt coming out of this recession. >> all right. ali, what's happening here is that the clock is ticking. during one of the most tense meetings in washington last night between the president and lawmakers with moody's in the meantime has warned that its putting the u.s. credit rating on watch for a possible
big phone says it's taken steps but admits it's still a big problem. >>> for money news, let's go to joya dosh. i'm expecting a rough morning for stocks. how's it looking? >> it's actually looking pretty good. the futures are pointing to a higher open, which is a bit of a fresh start from earlier in the week. >> i want to ask people, don't think about ge so much, think about a small business person who really create a lot of jobs in this country. they're petrified right...
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murdoch is a big backer of republicans. if more momentum builds for probes into possible hacking in the united states or even congressional hearings, there are cautionary tales for lawmakers, reports that tabloids sometimes turntables for those who investigate them. most of those accounts date back to well before the scandal blew back in the media in recent weeks. media standards trust tells us when british parliamentarians look into the tabloid press a couple of years ago, he heard allegations that they were discouraged from repeatedly inviting rebecca brooks, one of murdoch's top execs to receive. >> the allegation was they were told, members were told do not invite her again. do not press this one, do not push it because if you do, you're regret it. and that was made very clear to them. >> reporter: contacted by cnn, a news corporation spokeman would not comment on that allegation. >> are you concerned they might hit back at you, dig into your personal life or whatever? >> i'm not worried about my personal life nor am i
murdoch is a big backer of republicans. if more momentum builds for probes into possible hacking in the united states or even congressional hearings, there are cautionary tales for lawmakers, reports that tabloids sometimes turntables for those who investigate them. most of those accounts date back to well before the scandal blew back in the media in recent weeks. media standards trust tells us when british parliamentarians look into the tabloid press a couple of years ago, he heard allegations...
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but that's not the big point right now. the critical point is as moody's is warning, as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreement to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis, moderate term crisis which is the huge deficits. we do have to solve those, but not before august 2nd. we have to get a deal to avoid a catastrophe on august 2nd. >> so nicole, for republicans tomorrow, do they need to change strategy, given what happened today? or what do they do going into this meeting tomorrow? >> look, it was barack obama who stood in the rose garden just a few months ago and talked about you know, when he signed into law the extension of the bush tax cuts, he seemed to understand that raising taxes is not the right thi
but that's not the big point right now. the critical point is as moody's is warning, as ben bernanke warned today and congress, the critical point is this country must not go into default on august 2nd. and they need to reach some minimal agreement to avoid that. that should not be hard to do. now, what they can get beyond that is really important, but it's not as urgently necessary as making sure we get this done. then we can move to the more moderate term crisis or the moderate crisis,...
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it would be a big surprise if he's not asked about that. and, you know, the democrats have accused mitt romney of staying quiet on the issue. david axelrod made that much of a statement yesterday in a tweet. the pawlenty campaign also poked him on the subject. the romney campaign has put out a statement, that it would reduce the government to bring the debt under control and does not favor tax increases in order to bring the debt under control as part of any debt ceiling agreement. mitt romney was asked about that today. and ron paul, he has a brand-new tv ad that has come out. eats going to be airing this ad in the important early voting states and the texas congressman and tea party favorite has the ad -- it's essentially called compromises and it really takes aim at budget deals that were cut in the past. basically saying that democrats have raised taxes as part of these compromised deals to bring down the budget deficit in the past and how that's been bad for the country. >> i understand that sarah palin has jumped into the debt limit d
it would be a big surprise if he's not asked about that. and, you know, the democrats have accused mitt romney of staying quiet on the issue. david axelrod made that much of a statement yesterday in a tweet. the pawlenty campaign also poked him on the subject. the romney campaign has put out a statement, that it would reduce the government to bring the debt under control and does not favor tax increases in order to bring the debt under control as part of any debt ceiling agreement. mitt romney...
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it's a big chunk of the republican conference. how big? we don't know yet. but he is the pit bull on those issues and is not going to back down. that puts boehner in here as sort of the good cop. it's clear that john boehner, speaker boehner, thinks you have to do something to increase the debt limit or it could be politically and economically catastrophic for the party. i don't think eric cantor necessarily shares that world view. >> we will be hearing from tim geithner, who is meeting with the democratic senate side today, the caucus lunch. he's going to come out and give the latest on the dire predictions of what is going to happen if they don't get something done in the next 19 days. >> right. he's going to talk about the effect it would have on the economy, on debt, on social security checks and whether they could go out to recipients. i have talked to enough house republicans about it. they don't buy it. they don't believe in these warnings about catastrophic consequences. they think that you can find the money to be able to fund things while a deal is
it's a big chunk of the republican conference. how big? we don't know yet. but he is the pit bull on those issues and is not going to back down. that puts boehner in here as sort of the good cop. it's clear that john boehner, speaker boehner, thinks you have to do something to increase the debt limit or it could be politically and economically catastrophic for the party. i don't think eric cantor necessarily shares that world view. >> we will be hearing from tim geithner, who is meeting...
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big deal for the u.s. if they win. they won last in 1999. >> i guess you say abby wambach is the next brandi chastain. >> now you have abby. >> she is really a big star to watch. i mean, the u.s. team itself, the favorites to win the competition, you know, there is all of this anti-american sentiment around the world, right? but on sunday, this weekend, the entire world and a lot of people in germany are really rooting and cheering for the u.s. to win because it hasn't been a big sport in the united states the way it is around the world. for this team to be victorious is really amazing. by the way, i found a good fact for you, kyra. football/soccer used to be calls pig's bladder because they blew up a pig's bladder and tied it on both sides and started to kick it around. they can use it as a nickname and say we are going to pay a little pig's bladder. just a little useless information feed for the weekend. >> sounds like a rock band more like. we expect live shots from the game, zain. we look forward to seeing you from
big deal for the u.s. if they win. they won last in 1999. >> i guess you say abby wambach is the next brandi chastain. >> now you have abby. >> she is really a big star to watch. i mean, the u.s. team itself, the favorites to win the competition, you know, there is all of this anti-american sentiment around the world, right? but on sunday, this weekend, the entire world and a lot of people in germany are really rooting and cheering for the u.s. to win because it hasn't been a...
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i believe our constitutional responsibility is not being fulfilled if we end up with some big-deal big on august 1, and we're told it's got to be passed by august 2, and you can find out what's in it after we pass it. i'm not there. count me out. senator toomey, we had more people wanting to get on the budget committee this year. they were so excited. it was the most wanted committee to be on in the entire senate, and we've not done anything. you were selected to be on the committee, which is a tribute to your experience. i guess i would ask you, how do you feel about where we are? mr. toomey: senator sessions, first of all, thank you for raising this issue because i do think this is a very, very important issue. many of us wanted to be on the budget committee because we see what a critical moment our country is in. we see the very dire straits that we have put ourselves in because of the fiscal irresponsibility of washington. and some of us believe that we don't have a lot of time to get this in order. and so i was looking forward to the opportunity to serve on the committee that woul
i believe our constitutional responsibility is not being fulfilled if we end up with some big-deal big on august 1, and we're told it's got to be passed by august 2, and you can find out what's in it after we pass it. i'm not there. count me out. senator toomey, we had more people wanting to get on the budget committee this year. they were so excited. it was the most wanted committee to be on in the entire senate, and we've not done anything. you were selected to be on the committee, which is a...
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red roof, but it's a big church with a big heart. he leads three services a day and you can't say he doesn't have some type of service for you because he has a traditional service. he has a more jazzed up service. and then he has a coffee house service where he sits around and talks to members of his congregation about things they face every day in life. i want to thank pastor dillard for coming and sharing with us today and the heart he has for this country and for each and every one of us. thank you. the speaker pro tempore: the chair will entertain up to 15 further requests for one-minute speeches on each side of the aisle. the gentleman from michigan, for what purpose do you rise? >> to address the house for one minute. the speaker pro tempore: the gentleman is recognized for one minute. mr. walden: madam speaker, hardly a week goes by that doesn't burden our american people and this economy. this week is environmental regulation that will drive up costs. it costs $1.7 trillion annually. o.m.b. has reported that regulations cost
red roof, but it's a big church with a big heart. he leads three services a day and you can't say he doesn't have some type of service for you because he has a traditional service. he has a more jazzed up service. and then he has a coffee house service where he sits around and talks to members of his congregation about things they face every day in life. i want to thank pastor dillard for coming and sharing with us today and the heart he has for this country and for each and every one of us....
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he didn't want to make a big. stink publicly about it i think he's going through some other legal avenues but. now at least all this started have been dropping out and you know all of his drug charges have been dropped in the police and their cases are on desk duty they've been relieved of their police powers and are awaiting the outcome of a best and that's that's not normal i mean a lot of times you see events like this there's nothing papered over the cops down the beach or it's paid vacation these guys are getting punished with destiny but we're still waiting for the u.s. attorney's office to finish their investigation unless now it's finally going to happen what we do to support because until that. well i misled us concerning this kind of a waiting game. it's typical usually takes a long time and the same outcome and then it'll be up to the attorney's office to the prosecutor and finally to get back to the metro transit police to decide exactly what they want to pursue something else they just want to give th
he didn't want to make a big. stink publicly about it i think he's going through some other legal avenues but. now at least all this started have been dropping out and you know all of his drug charges have been dropped in the police and their cases are on desk duty they've been relieved of their police powers and are awaiting the outcome of a best and that's that's not normal i mean a lot of times you see events like this there's nothing papered over the cops down the beach or it's paid...
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that was a big problem. the challenge, of course, is that obama took that and put his foot on the accelerator and we got really much more significant problems, but, again, now, we're trying to fix these problems. i'm not interested in apportioning blame on a percentage basis but let's look forward. the republican house of representatives, if you want to look at the partisan side of that, they put forward a budget. they actually passed a budget. the democratic estimate hasn't even written or passed a budget for two years. two years. the president of the united states is only now showing up for discussions. he spent the last three months raising $86 million of political money, not spending time focused on this problem, and now he wants to show up and tell everybody else to eat their peas when his party in the senate hasn't even passed a budget not this year but this year or last year and he hasn't put forward a serious budget period. >> but my issue is that when there are such extreme partisan views being expr
that was a big problem. the challenge, of course, is that obama took that and put his foot on the accelerator and we got really much more significant problems, but, again, now, we're trying to fix these problems. i'm not interested in apportioning blame on a percentage basis but let's look forward. the republican house of representatives, if you want to look at the partisan side of that, they put forward a budget. they actually passed a budget. the democratic estimate hasn't even written or...
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just going to be obvious that they will have to do q e three if they don't want to do it's this whole big mix. so today's announcement or to do what he said to congress is. to unexpected it's sort of the same sort of like playing with the wind like we're kind of cautiously optimistic but we're keeping all the cards on the table the same back and forth well he's also saying of course he's acknowledging that the economy isn't doing so well that we've seen a bit of a slowdown that unemployment is still going to maybe keep taking down but very very very slowly at some point but he also says that all these factors that we're experiencing right now are temporary and so is that just more of the politicking or does he actually believe that specifically he's talking about the things that are impacting commodities prices are temporary so what he's saying is look inflation yes it's four percent over the past five months it's a two point five percent over the past year and inflation hawks say look inflation is up and he's saying no this is because of the arab spring you know hurting oil is because of
just going to be obvious that they will have to do q e three if they don't want to do it's this whole big mix. so today's announcement or to do what he said to congress is. to unexpected it's sort of the same sort of like playing with the wind like we're kind of cautiously optimistic but we're keeping all the cards on the table the same back and forth well he's also saying of course he's acknowledging that the economy isn't doing so well that we've seen a bit of a slowdown that unemployment is...
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their big breakthrough. spotlight on story on technology update. we. covered it. it's time for tonight's tool time award and tonight we're giving it to the washington post the famed newspaper here in d.c. dates back to eight hundred seventy seven and it's been considered one of the most respected newspapers in the world and back in the one nine hundred seventy s. the reporting of bob woodward and carl bernstein led to the watergate scandal and the downfall of president richard nixon and the paper is most well known for all of its political coverage but oh how that might be newspaper has fallen this week of those who broke a major news with the following headline michelle obama orders seventeen hundred calorie meal at shake shack can you believe now it turns out there was about a fifteen hundred calorie meal but that's not the point here this is a suppose it world class newspaper has a leader in print journalism actually put time and effort into a story about the first lady eating a burger and fries at a d.c. restaurant i'm sorry but it's just stupid but not to be
their big breakthrough. spotlight on story on technology update. we. covered it. it's time for tonight's tool time award and tonight we're giving it to the washington post the famed newspaper here in d.c. dates back to eight hundred seventy seven and it's been considered one of the most respected newspapers in the world and back in the one nine hundred seventy s. the reporting of bob woodward and carl bernstein led to the watergate scandal and the downfall of president richard nixon and the...
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charge welcome to the big picture says . i. feel fine for five. years then we start talking right. i think either one of the legs. we never got to look says here can safely get ready because of the freedom. all right it's time for you said it i read it when i take time to respond to my brilliance and engaging viewer comments from facebook twitter and you too because when you've got something to say i do listen now of course i'd like to respond to a comment about our mainstream mis segment yesterday compare the media's obsessive focus on the weather to that completely ignoring the fact the us still won't let a us representative visit bradley manning and job d.d.t. it said on you tube weather is very important to millions of people and certainly worthy of a segment here or there it seems like every single episode a lot of complains about bradley manning you might as well change your show the bradley manning power hour now i understand the weather is an issue for people all over the country i also know that it's summer it's hot and it happens every year so there's no surprise there th
charge welcome to the big picture says . i. feel fine for five. years then we start talking right. i think either one of the legs. we never got to look says here can safely get ready because of the freedom. all right it's time for you said it i read it when i take time to respond to my brilliance and engaging viewer comments from facebook twitter and you too because when you've got something to say i do listen now of course i'd like to respond to a comment about our mainstream mis segment...
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president barack obama again behind closed doors prior to the needing obama administration confirmed that big key topic of negotiations was the u.s. is projected missile defense shield in europe meanwhile we've been speaking a little bit about the media in the show but where is it heading in the united kingdom rupert murdoch papers are shutting down for no holds barred tactics such as hacking and in the us you could argue the alternative to media struggling for money is cutting costs and becoming increasingly reliant on publicists for information well arty's correspondent christine for southbound that is going to an increasingly new level because hordes of members of the press are leaving their brains and order to join the public service. in. the first person the final edition of the. newspaper is like the seattle post intelligencer the rocky mountain news and hundreds more have now become relics from the past. slash budgets have stops the presses at newsrooms nationwide. and mass layoffs throughout media have meant far fewer journalists to investigate policy and procedure we're losing a sens
president barack obama again behind closed doors prior to the needing obama administration confirmed that big key topic of negotiations was the u.s. is projected missile defense shield in europe meanwhile we've been speaking a little bit about the media in the show but where is it heading in the united kingdom rupert murdoch papers are shutting down for no holds barred tactics such as hacking and in the us you could argue the alternative to media struggling for money is cutting costs and...
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where is the big scare? alisyn:ies moody's considering downgrading the trim a rating if that's the case? >> maybe they are considering downgrading it because our our politicians cannot get serious about reducing the copps of government. barack obama has doubled our debt since he's been in office an can't come up -- it's gone up by 25% in the first four years. spending up by 25%. he can't find 5% in real cuts? this is all about demagoguery. and these polls -- i heard mr. rasmussen. wouldn't you like to see a poll of people who actually pay income taxes? i'm a little tired of hearing people that don't have any federal income tax liability at all saying, hey, i don't have problem with raising taxes on the rich. why should you be asked in the first place? you are part of problem. you are not parts of the solution. pay some taxes yourself, then you can tell us that you don't have a problem with them raising taxes on the rich. alisyn: what you are saying, it's all demagoguery. its even groalsd the entire country a
where is the big scare? alisyn:ies moody's considering downgrading the trim a rating if that's the case? >> maybe they are considering downgrading it because our our politicians cannot get serious about reducing the copps of government. barack obama has doubled our debt since he's been in office an can't come up -- it's gone up by 25% in the first four years. spending up by 25%. he can't find 5% in real cuts? this is all about demagoguery. and these polls -- i heard mr. rasmussen....
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go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. oche line is used in the sport of darts.. that is the answer to today's trivia question.. we are at 80 degrees in chicago right how ... we have real heat on the way this weekend we had a beautiful 74 degrees yesterday ... the wind off the lake will moderate heat just a slight bit ... from sunday forward we have real heat developing ... we will reach 91 degrees saturday 95 degrees sunday and perhaps a thunderstorm will follow.. the humidity will creep been on saturday in on saturday ... we will go into the sixties tonight back into the mid '80s tamara we will hit the low 70's tomorrow night into the upper 80s and 90 degrees on saturday and the '90s will come and on sunday once again and climb into the week.. heat will spread into our area coming up from those southwestern states ... the heat begins on saturday afternoon and we are in for a warm warm week ... we really do need those thunderstorms ... thank you tom and thank-you for turning u
go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. oche line is used in the sport of darts.. that is the answer to today's trivia question.. we are at 80 degrees in chicago right how ... we have real heat on the way this weekend we had a beautiful 74 degrees yesterday ... the wind off the lake will moderate heat just a slight bit ... from sunday forward we have real heat developing ... we will reach 91 degrees saturday...
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part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. see. we are. and yet. i. feel for the first full. length. let's not forget that we had an apartheid museum right here. i think either one of well. we never got the book says they're keeping safe get ready because you're going to her freedom. all right it's time for show and tell on tonight's program last time we told you that the southern poverty law center had just placed kentucky senator rand paul on its list of extremists connection with his feelings against the civil rights act so i wanted to know what you thought is around all of three minutes what's going to producer for truth in a century to find out what you have to say is senator rand paul an extremist well there's other in poverty law center they think so and they put him on their list after he said that private businesses should be allowed to discriminate by race as dance that led many people to ask liked what was he thinking so what do you guys think do you think he should be labeled an extremist because of his stance on t
part of it and realize that everything is ok if you don't i'm sorry welcome to the big picture. see. we are. and yet. i. feel for the first full. length. let's not forget that we had an apartheid museum right here. i think either one of well. we never got the book says they're keeping safe get ready because you're going to her freedom. all right it's time for show and tell on tonight's program last time we told you that the southern poverty law center had just placed kentucky senator rand paul...
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we do not get the big loopholes. they do. guest: again, i think that comment is reflective of a reality -- and i keep saying this -- that has been up there. it has given us a lot of strength to be able to say, we are going to fight for social security, fight for medicare, fight for the progressive budget to be in the discussion because that is what we are getting back from the american people. we are confident that we are taking their message to d.c. sometimes we will run afoul of our own leadership, our own president in these discussions, but our intent is not to repeat president for our leadership. our intent is to be independent voices for what we think is the american reality that nobody is talking about. host: congressman grijalva is the co-chair of the caprogressie caucus. we are now or to turn our attention to this issue in the detroit free for us this morning -- in the detroit free press this morning, betty ford. up next is noella rodriguez, who worked several years for laura bush. we will be talking to our about the
we do not get the big loopholes. they do. guest: again, i think that comment is reflective of a reality -- and i keep saying this -- that has been up there. it has given us a lot of strength to be able to say, we are going to fight for social security, fight for medicare, fight for the progressive budget to be in the discussion because that is what we are getting back from the american people. we are confident that we are taking their message to d.c. sometimes we will run afoul of our own...
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Jul 14, 2011
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now that's the big give in the negotiation. it's not, all right, let's all chip in and buy a getting for the party. it's buy me a keg and i won't burn your [bleeped] house down. now, why would obama and the democrats get the impression that that's not really a give? >> nobody is talking about not raising the debt ceiling. i haven't heard that discussed by anybody, not in the congress. yeah, nobody is talking about doing that. >> jon: [whispering] the leader of the house of representatives. see, the leader of the senate republicans stated on sunday that of course they're going to raise the debt ceiling. now, why would the republicans get the impression that they can play silly politics with something like our credit rating? because in 2006 the president and freshman senator voted against raising the debt ceiling. and why did he do that? >> that was just an example of a new senator, you know, making what is a political vote as opposed to doing what was important for the country, and i'm the first one to acknowledge it. >> jon: he
now that's the big give in the negotiation. it's not, all right, let's all chip in and buy a getting for the party. it's buy me a keg and i won't burn your [bleeped] house down. now, why would obama and the democrats get the impression that that's not really a give? >> nobody is talking about not raising the debt ceiling. i haven't heard that discussed by anybody, not in the congress. yeah, nobody is talking about doing that. >> jon: [whispering] the leader of the house of...
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system's being enhanced by that big old low up into oregon. and it just keeps ramping up the fog and low clouds. 52 to 57. 57 oakland also san jose. a lot of mid-50s here. redwood city, san francisco, livermore, concord, fairfield. cooler towards the north bay. santa rosa 50. napa 52. san rafael at 53. still component of a west or southwest wind or a delta breeze. and even west 22 stronger gusts at sfo. so i mean everything's there again to keep us below average on the temps. there are some areas of low clouds but i think it will burn off sooner today. however as long as this low sits there and then another one reinforcing it on the backside even though it's not as strong it keeps lower pressure on the west coast and high in the middle of the country it's hanging out towards tennessee, kentucky, missouri and not moving. so fog, sun, breezy, more sun today. may take a little while to get going but it will probably pop in sooner than we saw yesterday. cool to mild. temperatures some areas i mean 789 you're getting warm but for july that's cool.
system's being enhanced by that big old low up into oregon. and it just keeps ramping up the fog and low clouds. 52 to 57. 57 oakland also san jose. a lot of mid-50s here. redwood city, san francisco, livermore, concord, fairfield. cooler towards the north bay. santa rosa 50. napa 52. san rafael at 53. still component of a west or southwest wind or a delta breeze. and even west 22 stronger gusts at sfo. so i mean everything's there again to keep us below average on the temps. there are some...
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i'montessa brewer back in the saddle covering the big news coast to coast. we begin with breaking news. the judge in the roger clemens perjury trial has just declared a mistrial. nbc's pete williams is in washington, d.c. what's the judge saying about this trial, pete? >> reporter: well, the judge has said he'll decide at a hearing on september 2nd, almost two months from now, where we go from here. this trial had just started yesterday with opening statements from both sides and the prosecutors had begun calling witnesses, but the judge had told the prosecutors in advance that certain evidence was off-limits and one of the things that was off-limits was related to testimony by a friend and former teammate of roger clemens named andy pettitte who had played with him on two major league teams. andy pettitte has said that roger clemens told him he used human growth hormone. clemens says that pettitte is mistaken. what's at issue here is a legal document, sort of sworn statement by the wife of andy pettitte, who says yeah, i heard my husband tell me that roger
i'montessa brewer back in the saddle covering the big news coast to coast. we begin with breaking news. the judge in the roger clemens perjury trial has just declared a mistrial. nbc's pete williams is in washington, d.c. what's the judge saying about this trial, pete? >> reporter: well, the judge has said he'll decide at a hearing on september 2nd, almost two months from now, where we go from here. this trial had just started yesterday with opening statements from both sides and the...
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a big difference with the fog. still dealing with low cloud cover. this is cult of current temperatures around the area. afternoon highs will be below the seasonal average. temperatures will be similar to yesterday. this is look of your seven day forecast the weekend looks like we couldn't continue with the fog and we warm up slightly. >> no hotspots but great conditions throughout the bay area traffic is still light around the bay. san mateo bridge no problems or delays traffic is beginning to pick up a little. southbound 101 looks good. traffic in san jose 101 a northbound no accidents keeping a drive time of about 16 minutes kron 4 morning news will be right back. stockowners and neighbors are in disagreement the original plan that had a pulmonary approval, they want the part out of sight. >> in 2016 oakland city officials were going to install and off leash area of four dogs. they said at a half acre of this grassy area would be fenced in four of the dogs. short distance away there is a playground. opponents want the area to remain an open area.
a big difference with the fog. still dealing with low cloud cover. this is cult of current temperatures around the area. afternoon highs will be below the seasonal average. temperatures will be similar to yesterday. this is look of your seven day forecast the weekend looks like we couldn't continue with the fog and we warm up slightly. >> no hotspots but great conditions throughout the bay area traffic is still light around the bay. san mateo bridge no problems or delays traffic is...
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too much liquidity, too big deficits, too much inflation. the kind of stagation that came at the end of jimmy carter's presidency. others areoncerned about t mistakes of the late 1930's or the mistakes japan made in the 1990's of an economy that simply stalls out because there ist enough demand. and even with the zero interest rate,removing that barrier to investment just never fully takes off. and my judgment for the first time in my professional lifetime is that for the united states, the much greater risk is on the side of making the mistake that japan made. >> chaie: not to do enough. >> not to do, not to do enough. and i think the people who are fighting the war of the late 1970's are with the best of intentions and with a legitimate concern by pvileging that concern are putting future prosperity at risk. >> charlie: how do you create demand? i know thebig picture. you use the government to promote policies. what are the policies to get people to demand more products so companies can make more products and hire more people and use capit
too much liquidity, too big deficits, too much inflation. the kind of stagation that came at the end of jimmy carter's presidency. others areoncerned about t mistakes of the late 1930's or the mistakes japan made in the 1990's of an economy that simply stalls out because there ist enough demand. and even with the zero interest rate,removing that barrier to investment just never fully takes off. and my judgment for the first time in my professional lifetime is that for the united states, the...
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tarmac as you're standing there waiting to board planes or as you get off the planes it's a fairly big compound with walls that guarded guard towers in all four corners and the reason it caught my attention was because it looked very much like the u.s. forward operating bases that i've seen in afghanistan and elsewhere and then when i started talking to government officials from the u.s. back somali government and intelligence officials on the ground i did. covered that in fact it was a cia base and that they were training and paying somali counterterrorism agents and they're trying to set up an indigenous strike force capable of doing targeted kill and capture operations against the militant group al-shabaab now you also reported that your son line source for one of them that you spoke you said that these guys are lined up about once a month and pay two hundred dollars in cash how much money is that for somalia. for somali people two hundred dollars a month is a huge amount of money i mean let's remember this is a country that hasn't printed its own currency since one thousand nine hu
tarmac as you're standing there waiting to board planes or as you get off the planes it's a fairly big compound with walls that guarded guard towers in all four corners and the reason it caught my attention was because it looked very much like the u.s. forward operating bases that i've seen in afghanistan and elsewhere and then when i started talking to government officials from the u.s. back somali government and intelligence officials on the ground i did. covered that in fact it was a cia...
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" too big to jail as well. if you take that money from working people and say you're important enough to keep, you who are blue collar work in the factories, you aren't, you're not only gutting your manufacturing base at a time china is ready to pass us, you're also saying to them some citizens are more important than others and i fundamentally reject that. >> let's do real world play acting. you're the president right now, you're facing this holding on the debt ceiling right now, what would you do differently than this president or anybody else to solve this problem? >> first, the hypothetical doesn't work because i didn't go on a two year spending binge when i controlled everything. secondly i control cap and balance the republicans alternative to this and i add we have to have a balanced budget amendment submitted to the states. if you listen to the american public, they're very concerned about this and rightly so. they also never want to be in this position again, i would argue cut cap balance and long term
" too big to jail as well. if you take that money from working people and say you're important enough to keep, you who are blue collar work in the factories, you aren't, you're not only gutting your manufacturing base at a time china is ready to pass us, you're also saying to them some citizens are more important than others and i fundamentally reject that. >> let's do real world play acting. you're the president right now, you're facing this holding on the debt ceiling right now,...
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>>greg: big time. there could be another trial, right? >>jonathan: we have not heard yet as to whether they want to retry the case or if one imagines they will. the judge set a hearing to discuss whether there should be another trial, and that will take place on september 2nd and roger clemens left the court as you saw there and headed to a nearby restaurant with the defense team, a fancy restaurant known as the "caucus room," probably dining on lobster and steak and celebrating. >>greg: prosecutors have luncheon crow, meanwhile. thank you, jonathan, and jonathan will chat about this. just go online at foxnews.com/shep on "on the hunt," link. and now to talk more about this is lis wiehl former federal prosecutor, and arthur aidala and a veteran criminal against tone. good to see you both. if roger clemens confesses something to andy pettitte who tells his wife, that is not just hearsay it is double hearsay. >>guest: a person who is not taking the stand who tells someone else who tolls someone else. all i can say in defense of the prosecut
>>greg: big time. there could be another trial, right? >>jonathan: we have not heard yet as to whether they want to retry the case or if one imagines they will. the judge set a hearing to discuss whether there should be another trial, and that will take place on september 2nd and roger clemens left the court as you saw there and headed to a nearby restaurant with the defense team, a fancy restaurant known as the "caucus room," probably dining on lobster and steak and...
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welcome back to the big picture i'm john harbin coming up in this half hour republicans have taken off the gloves in their war against women stepping into rather personal choices like whether or not to bear a child so far is the g.o.p. so hell bent on following the taliban's meanwhile both medicare and medicaid remain on life support as lawmakers discuss massive cuts to the entitlement programs and the growing wealth inequality do more harm than good to the economy. the republican war on women has reached an all time frenzy high in the past few months a good backer institute study released this week shows the states have an active one hundred sixty two new provisions related to reproductive health and women's rights in just the first six months of two thousand and eleven and a sharp increase in last year forty nine percent of these new laws seek to restrict access to abortion services and twenty six percent of the new laws restricting abortion as this chart that was included in the report shows eighty abortion restrictions on acts of this year are more than double the previous record o
welcome back to the big picture i'm john harbin coming up in this half hour republicans have taken off the gloves in their war against women stepping into rather personal choices like whether or not to bear a child so far is the g.o.p. so hell bent on following the taliban's meanwhile both medicare and medicaid remain on life support as lawmakers discuss massive cuts to the entitlement programs and the growing wealth inequality do more harm than good to the economy. the republican war on women...